Kellogg Co Bullish Moving Average Crossover Alert (K)

Written on Mon, 07/17/2017 - 10:35am

By James Quinn

Today, shares of Kellogg Co (NYSE:K) have advanced above their 10-day MA of $66.56 on a volume of 303K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Kellogg Co share prices have moved between a 52-week high of $87.16 and a 52-week low of $65.32 and are now trading 2% above that low price at $66.75 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Kellogg Co on June 21st, 2017 by issuing a Downtrend alert when the shares were trading at $70.93. Since that call, shares of Kellogg Co have fallen 6.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.